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About journal

 Research and information bulletin “Asia-Pacific News Brief” is published by the National Coordination Center for Developing Economic Cooperation with the Countries of Asia-Pacific Region with the support of the RSPP and RANEPA CIIR since 2015. Generally, each issue is dedicated to one theme and is published on the occasion of important international events.

Editor-in-chief: Dr. Marina LARIONOVA, Vice President — Managing Director for International Relations, Russian Union of Industrialists and Entrepreneurs (RSPP); Head of the Center for International Institutions Research (CIIR), Russian Presidential Academy of National Economy and Public Administration (RANEPA)

Production editor: Elizaveta SAFONKINA, Expert, National Coordination Center for Developing Economic Cooperation with the Countries of Asia-Pacific Region, Researcher, Center for International Institutions Research (CIIR), Russian Presidential Academy of National Economy and Public Administration (RANEPA)

Mission and topics

The bulletin`s mission is to inform Russian companies about business climate in the Asia-Pacific countries and opportunities to enter these markets; and APR businesses – on investment climate in Russia and EAEU partner countries. “Asia-Pacific News Brief” is published in English and Russian.

The bulletin is aimed at business and governmental representatives and experts as well as at a wide audience interested in the Big Eurasia economic development.

Journal archive:

 

2018

 

 

2017

 

 

2016

 

 

2015

 

 

 

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2017 ASEAN Documents

1. ASEAN Declaration to Prevent and Combat Cybercrime (in English)
2. ASEAN Declaration on Innovation (in English)
3. Action Agenda on Mainstreaming Women’s Economic Empowerment in ASEAN (in English)
4. ASEAN Leaders’ Declaration on Anti-Microbial Resistance (AMR): Combating AMR through One Health Approach (in English)
5. ASEAN Leaders’ Declaration on Disaster Health Management (in English)
6. ASEAN Leaders’ Declaration on Ending All Forms of Malnutrition (in English)
7. ASEAN Declaration on the Adoption of the ASEAN Youth Development Index (in English)
8. ASEAN Declaration on ‘Culture of Prevention’ for a Peaceful, Inclusive, Resilient, Healthy and Harmonious Society (in English)

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Документы АСЕАН 2017

1. Декларация АСЕАН по предотвращению и борьбе с киберпреступлениями (англ.)
2. Декларация АСЕАН по вопросам инноваций (англ.)
3. План действий по расширению экономических возможностей женщин в АСЕАН (англ.)
4. Декларация лидеров АСЕАН по борьбе с резистентностью микроорганизмов (англ.)
5. Декларация лидеров АСЕАН по вопросам здравоохранения в условиях стихийных бедствий (англ.)
6. Декларация лидеров АСЕАН относительно прекращения всех форм недоедания (англ.)
7. Декларация АСЕАН относительно внедрения Индекса развития молодежи АСЕАН (англ.)
8. Декларация АСЕАН по вопросам «Культуры предотвращения» для мирного, инклюзивного, устойчивого, здорового и гармоничного сообщества (англ.

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О журнале

Информационно-аналитическое издание «Новости АТР» (“Asia-Pacific News Brief”) публикуется НП «Национальный координационный центр по развитию экономических отношений со странами Азиатско-Тихоокеанского региона» при поддержке РСПП и ЦИМИ РАНХиГС, начиная с 2015 года. Как правило, каждый номер издания является тематическим и приурочен к значимым международным событиям.

Миссия и тематика издания

Миссия издания – информирование российских компаний о состоянии бизнес-климата в странах Азиатско-Тихоокеанского региона и возможностях вхождения на данные рынки; а бизнеса из региона АТР - об инвестиционном климате России и стран-партнеров по Евразийскому экономическому союзу (ЕАЭС). «Новости АТР» публикуются на русском и английском языке.

Издание рассчитано на представителей бизнеса, органов власти, экспертов, а также на широкий круг читателей, интересующихся вопросами экономического развития региона Большой Евразии.

 

Архив журнала:

 

2022

2022, №2
1 2021 14
  2022, №1


2021

2021, №2
 
2021, №1


2020

2020, №1


2019

 
No result...


2018

 
No result...

 

2017

 


2016

 

 

2015

 

 

 

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Документы АТЭС 2017

 

Доклад ДКС АТЭС для лидеров экономик АТЭС 2017 г. (на английском языке)

 

Официальные документы АТЭС

Декларация по итогам встречи лидеров экономик – участниц форума АТЭС (на русском языке) (на английском языке)
Совместное заявление министров экономик АТЭС (на английском языке)

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2016 APEC Ministerial Meeting

2016 APEC Ministerial Meeting
Lima, Peru 18 Nov 2016
APEC PERU 2016
AMM JOINT STATEMENT
We, the APEC Ministers, met in Lima, Peru, on November 17 and 18, 2016 under the Chairmanship of Ambassador Ricardo Luna, Foreign Minister of Peru and Mr Eduardo Ferreyros, Minister of Foreign Trade and Tourism of Peru.
We welcome the participation of the Director General of the World Trade Organization (WTO), the 2016 Chair of the APEC Business Advisory Council (ABAC), the Association of Southeast Asian Nations (ASEAN), the Pacific Economic Cooperation Council (PECC), the Pacific Islands Forum (PIF), as well as the APEC Secretariat and the APEC Policy Support Unit (PSU).
APEC 2016 PRIORITIES
In 2015 in Manila, APEC Leaders were determined to take action to build inclusive economies and a better world, to fully realize the vision of a stable, integrated, and prosperous community in the Asia-Pacific. We are committed to taking concrete steps and joint actions to foster peace, stability, prosperity, economic growth and development in the region, for a sustainable Asia-Pacific partnership.
In 2016, our focus is on driving quality and inclusive growth to promote human development. We have been pursuing this goal through four priorities: Strengthening Regional Economic Integration (REI) and Quality Growth, Enhancing the Regional Food Market, Towards the Modernization of Micro, Small and Medium Enterprises (MSMEs) and Human Capital Development.
We discussed the following outcomes under these priorities:
1. Strengthening Regional Economic Integration and Quality Growth
By tackling the complex challenges that the global economy is facing, we remain committed to use all available policy tools – monetary, fiscal and structural – individually and collectively, to strengthen global demand and address supply constraints.
Faced with rising skepticism over trade and stagnated trade growth, we reiterate our commitment to build an open economy in the Asia-Pacific featuring innovative development, interconnected growth and shared interests. We reaffirm that open trade policies are essential for sustained recovery and boosting growth for coming years. We also believe that the benefits of trade and open markets need to be communicated to the wider public more effectively, emphasizing how trade promotes innovation, employment and higher living standards, and creates opportunities for our citizens that can support inclusive growth.
Against this backdrop, we commend progress made in 2016 in the APEC region in pursuing trade and investment liberalization, business facilitation and economic and technical cooperation to boost human development, inclusive growth and prosperity in the region. Highlights of this progress are as follows:
Support for the Multilateral Trading System
We reaffirm our commitment to strengthen the multilateral trading system and recognize the important role of international trade to job creation, and sustained economic recovery, development and prosperity. We underline our confidence in the value and centrality of the rules-based, transparent, non-discriminatory, open, and inclusive multilateral trading system embodied in the WTO.
Building on the WTO’s successful Bali and Nairobi Ministerial Conferences and recognizing all the elements contained in the Ministerial Declarations, we commit to continue implementing the Bali and Nairobi outcomes and advance negotiations on the remaining Doha Development Agenda issues as a matter of priority. We also note a range of issues of common interest and importance to today’s economies in the Asia-Pacific region may be legitimate issues for WTO discussions. Therefore, we instruct our officials to work with a sense of urgency and solidarity with all WTO Members to set the direction together towards achieving positive and meaningful results by the next WTO Ministerial Conference in 2017 and beyond.
We endorse the initiative on Progressing the WTO Ministers’ Decision to Eliminate Export Subsidies.
We reaffirm the pledge made by our Leaders against protectionism through a standstill commitment that we recommend be extended until the end of 2020 and to roll back protectionist and trade-distorting measures, which weaken trade and slow down the progress and recovery of the international economy. In this context, we continue to support the ongoing work of the WTO and other international organizations in monitoring protectionism.
We welcome the progress made by economies in notifying their acceptance of the WTO Trade Facilitation Agreement (TFA). We call upon the remaining APEC Economies as well as other WTO Members to make their utmost efforts to submit their instruments of acceptance of the TFA by the end of the year.
We recognize that WTO consistent plurilateral trade agreements with broad participation can play an important role in complementing global liberalization initiatives. In this regard, the ongoing or already concluded plurilateral agreements such as the Information Technology Agreement and its expansion, the Trade in Services Agreement, and the Environmental Goods Agreement, shall be open to all WTO members who share the objectives of such plurilateral agreements and negotiations for participation.
APEC economies participating in the WTO Environmental Goods Agreement (EGA) negotiations reaffirm their aim to redouble efforts to bridge remaining gaps and conclude an ambitious, future-oriented EGA that seeks to eliminate tariffs on a broad range of environmental goods by the end of 2016, after finding effective ways to address the core concerns of participants.
Furthermore, we also welcome the implementation of the Information Technology Agreement (ITA) expansion and call on those who have committed to implement by July 1st 2016 to do so as soon as possible.

Bogor Goals
We reaffirm our commitment to achieve the Bogor Goals of free and open trade and investment in order to strengthen and deepen regional economic integration through both collective and individual efforts. We commend the completion of the 2016 Second-Term Review of APEC’s Progress Towards the Bogor Goals and agree to submit this report to our Leaders.
We welcome the positive findings of the report, which show that in our region, relative to 1994, MFN applied tariff rates are much lower, there are more RTA/FTAs in force, more sectors are accessible to foreign investment and services trade, and indicators on socioeconomic progress, trade and investment facilitation have also improved.
We encourage further work to address barriers identified in the report that prevent APEC from attaining free and open trade and investment.
We reaffirm our collective and individual commitment to further promote trade and investment liberalization and facilitation and to reduce or eliminate restrictions and enhance cooperation to address "behind-the-border” barriers through undertakings in line with APEC’s work on structural reform.
We welcome the First SOM Dialogue on APEC Toward 2020 and Beyond, and call on economies to continue further discussions with a view to developing a post 2020 vision for APEC.
Free Trade Area of the Asia-Pacific (FTAAP)
We reaffirm our commitment to advance the process in a comprehensive and systematic manner towards the eventual realization of the FTAAP as a major instrument to further APEC´s regional economic integration agenda towards and beyond the Bogor Goals.
We recall that APEC Leaders mandated a Collective Strategic Study on Issues Related to the Realization of the FTAAP, along with any Recommendations, in the Beijing Roadmap in 2014 and instructed officials to finalize the Study and report to Leaders by the end of 2016.
We acknowledge the high-quality work that has gone into the Collective Strategic Study and its Executive Summary along with Recommendations concluded by the Task Force, which is one of the most important deliverables of APEC 2016. We submit to Leaders and seek endorsement of the Study, its Executive Summary and its Recommendations. Based on these Recommendations, we instruct APEC Officials to further develop and implement the work programs in areas identified in the Study’s Recommendations but not limited to them, in order to enhance economies’ capabilities towards the realization of the FTAAP. APEC Officials are further instructed to report on their progress at the Ministers Responsible for Trade Meeting in May 2017. We value the contributions from the APEC Business Advisory Council, PECC and PSU to the FTAAP Study.
We welcome APEC’s progress in implementing the Regional Economic Integration (REI) Capacity Building Needs Initiative (CBNI), which has contributed to the expansion of our understanding on relevant fields of FTA negotiations, and will continue to serve as a solid stepping stone for the realization of the FTAAP. We welcome the capacity building workshops that took place this year and encourage economies to propose further capacity building actions under CBNI.
We welcome the results of the Information Sharing Mechanism, including the SOM Dialogue on RTAs and FTAs, the Trade Policy Dialogue on RTAs/FTAs and the annual PSU report on RTA/FTAs in the APEC region. We instruct economies to continue working towards enhancing the transparency of RTAs/FTAs in the region and instruct officials to discuss further the best practices which would improve the utilization of RTAs/FTAs in the region, especially by SMEs. We look forward to the Dialogue and Seminar regarding FTAAP next year.
Quality Growth
We note the importance of undertaking policies that result in the achievement of balanced, inclusive, sustainable, innovative, and secure growth. Hence, we reaffirm the APEC Strategy for Strengthening Quality Growth, which prioritizes institution building, social cohesion, and environmental impact, to better focus our efforts in pursuing quality growth, building upon the 2010 APEC Growth Strategy, and bearing in mind the commitments in the 2014 APEC Accord on Innovative Development, Economic Reform and Growth.
We welcome the Implementation and Monitoring of the APEC Strategy for Strengthening Quality Growth at two levels: through the domestic processes of each economy and through the APEC framework.
Structural Reform
We acknowledge the essential role of structural reform in boosting productivity and potential output as well as narrowing the development gap and promoting innovative growth in the region. We endorse the 2016 APEC Economic Policy Report (AEPR) on Structural Reform and Services. It recommends that unilateral services structural reforms should focus on productivity and efficiency to generate inclusive economic growth, with policy frameworks that promote market-based competition to deliver productivity gains and ensure efficient supply. We instruct officials to strengthen the collaboration between Committee on Trade and Investment (CTI) and Economic Committee (EC) on services and structural reform. We look forward to the 2017 AEPR, focusing on structural reform and human capital development.
We reaffirm the role of structural reform in fostering medium-term economic growth and reversing the recent slowing down in our economies, and we welcome the ongoing implementation of the Renewed APEC Agenda for Structural Reform (RAASR), which strives to stimulate balanced and sustainable growth and reduce inequality.
We welcome economies' RAASR Individual Action Plans (IAP) for 2016-2020, which outline each economy's priorities for action on relevant domestic structural reforms by 2020.
We strongly recommend economies' officials to work on their respective IAPs to achieve positive results by 2020, as mandated by RAASR.
We welcome the progress achieved to date on the Ease of Doing Business (EoDB) initiative, as well as the decision to proceed with the Second Phase of the EoDB Initiative in order to reach the 10 percent improvement goal by 2018.
Services
We acknowledge that services are a major contributor to productivity and growth within APEC. Improved competitiveness in services sectors as well as growth in services trade through an open and predictable environment for access to services is one of the key factors for APEC to boost its economic growth.
We encourage member economies to take collective and unilateral actions including capacity building activities to promote an enabling environment for dynamic and efficient services markets. We will seek to ensure that regulations promote fair competition and the adoption of new technologies.
Therefore, we welcome the finalization of the APEC Services Competitiveness Roadmap as a concrete set of actions aimed at achieving these goals and agree to submit the Roadmap to Leaders for endorsement. We further instruct our officials to undertake the necessary work to advance the objectives set out under the Roadmap, through APEC-wide and individual actions contained therein, including the development of an APEC index to measure the services regulatory environment in APEC economies, as envisaged in the Roadmap.
As instructed by Leaders in the APEC Services Cooperation Framework to broaden multi-stakeholder engagement and share information and best practices on services-related policies and programs in APEC, we welcome the launch of the APEC Virtual Knowledge Center on Services.
Strengthening Comprehensive Connectivity
We reaffirm the importance of initiatives under the APEC Connectivity Blueprint for 2015-2025, towards a seamless and comprehensively connected and integrated Asia-Pacific region by 2025 through regional, sub-regional and domestic connectivity, including remote area connectivity. We encourage member economies to take further actions and develop additional targets to ensure the continued implementation of the APEC Connectivity Blueprint 2015-2025, under the pillars of physical, institutional and people-to-people connectivity. We commend the efforts to further monitor, review and evaluate the implementation of the Blueprint.
Against the background of rapidly growing demand on infrastructure in the Asia-Pacific region, we commit to promote investment with a focus on infrastructure in terms of both quantity and quality. We welcome the progress being made to ensure quality infrastructure, including the progress of the APEC Peer Review and Capacity Building on Infrastructure Development and Investment. To further advance our work, we commit to develop, maintain and renew quality infrastructure, including on ICT, energy and transport based on the important elements as demonstrated in related APEC works such as the APEC Connectivity Blueprint 2015-2025 and other individual projects, including Peer Review and Capacity Building.
We acknowledge that innovative financing of infrastructure is critical to ensuring full economic growth and economic integration potential of the Asia-Pacific region, including exploring financing through public-private partnerships (PPP) and other innovative means, as well as sharing knowledge and experiences. We encourage work within the Asia-Pacific Infrastructure Partnership.
We recognize a key role of ICT infrastructure in enhanced connectivity at all levels and encourage economies to develop and cooperate on more initiatives on ICT infrastructure development and innovation.
We reaffirm the significance of further facilitating business travel as a way to enhance economic activities and promote people-to-people connectivity. In this regard, we are committed to further enhancing the APEC Business Travel Card scheme, in order to provide more efficient and secure travel throughout the region.
Investment
We acknowledge the significance of the Investment Facilitation Action Plan (IFAP) and encourage economies to report progress on the implementation of the agreed set of priority actions for 2015-2016. Moreover, we call on APEC officials to continue their efforts in implementing IFAP actions so as to contribute to a favorable investment climate in the APEC region. We welcome policy dialogues to exchange best practices on IFAP’s implementation in the APEC region. We also support efforts to promote investments in infrastructure in order to improve the connectivity in the APEC Region. In the context of the APEC Strategy for Strengthening Quality Growth, it is also important to promote sustainable investment in APEC economies.
Trade Facilitation
We welcome the final assessment of the Supply Chain Connectivity Framework Action Plan (SCFAP). The SCFAP and its two predecessors, the APEC Trade Facilitation Action Plans (TFAP I and TFAP II), were ambitious initiatives which attest to APEC’s leadership in implementing trade facilitation measures. Although APEC has made considerable progress through the initiative, further gains can still be made. Therefore, we submit to Leaders for their endorsement the Suggested Framework for Phase Two of SCFAP 2017-2020 and welcome the start of implementation next year to continue to enhance supply chain connectivity and efficiency in the APEC region.
We look forward to the conclusion of pilot projects and the related PSU Study on interoperable Global Data Standards (GDS) that will assess the costs and benefits of using GDS to enhance supply chain performance. We encourage officials to explore next steps for the wider use of interoperable GDS in the APEC region, based on the outcomes of the PSU Study.
We instruct officials to continue the work of the APEC Alliance on Supply Chain Connectivity (A2C2) and make use of its contributions in APEC’s capacity building efforts, based on regular inputs from the public and private sectors. We commend the results and ongoing implementation of the other five capacity building projects and encourage officials to continue to identify key capacity building programs that align with phase two.
We reaffirm the importance of carrying forward work related to the Asia-Pacific Model E-Port Network (APMEN), to advance supply chain connectivity through E-port development and collaborative efforts. In this respect, we welcome the outcomes of the activities carried out so far and encourage economies to continue participating.
We look forward to the final Report on Best Practices on Critical Issues in the Asia-Pacific Region in order to pursue the Implementation of the WTO Trade Facilitation Agreement (TFA). Through APEC´s leadership in this field, we support the complete and effective implementation of the TFA as soon as possible.
We commend progress on the Initiative on Single Window Systems’ (SWS) International Interoperability to foster the flow of goods, enhance supply chain security, reduce costs and provide quality and timely information on trade across borders. We look forward to the PSU study on key issues for implementing this initiative. We encourage economies to begin deliberations next year on establishing pilot projects on a voluntary basis based on the outcomes of the study.
We commend the APEC work done in the field of Customs Procedures noting its importance, as we continue to pursue effective and secure trade and facilitation in the region, based on the international standards developed by the World Customs Organization. We value the achievements made in implementing APEC Customs Mutual Recognition of Control, Mutual Assistance of Enforcement and Mutual Sharing of Information Strategic Framework. We welcome the increased collaboration with other fora, particularly on trade facilitation, combating illegal logging, travel facilitation and counter-terrorism issues. We encourage further work in experience exchange on the implementation of WTO TFA and promotion of customs control over cross-border E-commerce for better connectivity, further integration of regional economy and modernization of MSMEs.
We encourage further efforts to strengthen our work in trade facilitation through building on existing workstreams, including on simplification of documents and procedures and transparency through the APEC Trade Repository, and encourage close coordination within APEC and its stakeholders to achieve our goals.
We reaffirm the importance of information sharing along the supply chain. Especially, in light of greater consumer protection from hazardous chemicals coming down through the regional supply chains, we welcome discussions undertaken at the Chemical Dialogue on chemSHERPA and other programs that would promote sharing information on chemicals in products.
Global Value Chains
We recognize that integration into global value chains can lead to a wide range of benefits, such as contributing to the diversification of exports, creating new jobs or acquiring new technological capabilities in accordance with international best practices.
We support progress in implementing the work streams of the APEC Strategic Blueprint for Promoting Global Value Chains Development and Cooperation.
We commend the robust progress towards the completion of the APEC Trade in Value-Added (TiVA) Database by 2018. We welcome the activities made so far in implementing the Strategic Framework on Measurement of APEC TiVA under GVCs, its Action Plan and the 2016 Progress Report. We welcome the 2017-2018 Work Plan for the APEC Technical Working Group on Measurement of TiVA under GVCs.
We welcome the endorsement of the Report on APEC Developing Economies Better Participation in GVCs, and encourage members to carry out the recommendations contained in the report.
We also take note of the draft report of the Study on the Enhancement of Integration of Regional Value Chains in Asia and Latin America and the Caribbean (LAC), and look forward to its finalization.
We value the final report and outcomes of the initiative on Promoting SMEs’ Integration into GVCs in Major Industries, namely IT/electronics, automotive, textile, healthcare and agribusiness. We also support the initiative on SMEs’ Integration into Global Value Chains in Services Industries. We welcome the sectors established so far, namely software, tourism, fashion design and logistics, and encourage economies to voluntarily lead a sector and participate in the initiative.
We welcome the endorsement of the scope and reporting method for the initiative on Increasing Transparency on Measures Affecting Exports, which will provide traders and other stakeholders with important market information and facilitate participation in GVCs. We encourage economies to undertake the work needed to implement this initiative and begin reporting the agreed information.
We also encourage cooperation with relevant international organizations and partner institutions to draw on their expertise and knowledge for promoting GVCs’ development and cooperation in APEC, aiming to advance in studies and analysis required to design adequate methodologies that could help support public policies and actions in this area.
Environmental Goods and Services/Green growth
We welcome the recent entry into force of the Paris Agreement and commit to its ambitious and effective implementation. Our actions in these areas will protect human health and the environment, provide incentives for investments in green growth, and promote the global transformation required for a low carbon economy.
We congratulate economies that have fulfilled the Leaders’ groundbreaking commitment to reduce applied tariffs on the APEC Environmental Goods List to five percent or less, and strongly urge those economies that have yet to fulfill this commitment to do so as soon as possible, and to update economies on the status of their implementation efforts.
We welcome the completion of the PSU Survey on Regulatory Measures in Environmental Services. We look forward to further studies to build and enhance a common understanding of the roles of a wider range of services in environmental industries and businesses, as envisaged under the Environmental Services Action Plan (ESAP).
We commend progress in the work of the APEC Cooperation Network on Green Supply Chain (GSCNET), including the launching of a bilingual website operated by GSCNET Tianjin Pilot Center. We welcome new member institutions which have joined the GSCNET and encourage members to nominate more institutions and experts to participate and contribute to a well-functioning GSCNET.
Next Generation Trade and Investment Issues
We welcome progress in implementing the Manufacturing Related Services Action Plan (MSAP), including the Implementation and Review Mechanism of the MSAP, and look forward to further exchanging views on economies' actions concerning manufacturing related services.
We welcome the ongoing work of the PSU on examining key issues in promoting digital trade in APEC and look forward to the finalization of its study on this topic. We take note of the next steps to advance our work on digital trade and look forward to continue exchanging views on this topic in 2017 by undertaking capacity building, developing case studies, and identifying practices to expand and promote digital trade in the region, and to ensure all member economies’ participation in digital trade, taking into consideration specific economic circumstances.
We note the discussion of the Pathfinder Initiative for a Permanent Customs Duty Moratorium on Electronic Transmission, including Content Transmitted Electronically.
We reaffirm the important role that APEC plays as an incubator of policies to address issues that arise in the region’s dynamic business environment and encourage officials to work closely with ABAC to ensure that APEC’s next generation trade and investment issue remains relevant to private sector stakeholders.
We welcome the APEC Initiative of Cooperation to Promote Internet Economy, as well as the TELWG Strategic Action Plan 2016-2020 and look forward to the development of the APEC Internet Economy Roadmap by the Ad Hoc Steering Group on the Internet Economy. We will collaborate to unleash the potential of internet and digital economy by promoting the adoption of emerging ICTs, such as the Internet of Things (IoT) and encourage secure cross-border flows of information, while addressing the need to bridge the digital divide.
We recognize the importance of the APEC Cross Border Privacy Rules (CBPR) System, a voluntary mechanism whose participants seek to expand participation, and we support enhanced cooperation in this area, including through promoting capacity building.
Good Regulatory Practices and Cooperation
We reaffirm the importance of creating a sound regulatory environment, advancing good regulatory practices and cooperation, promoting alignment of advertising standards and reducing the cost of doing business across the region.
We welcome the progress on the implementation of the APEC Action Agenda on Advertising Standards and Practices and look forward to follow up activities to prepare a five year implementation strategy.
We welcome the dissemination of best practices in Regulatory Impact Assessment (RIA) among interested economies to increase efficiency of legislation and provide transparency and quality of regulatory decision-making processes.
We welcome the work done by the Economic Committee on regulatory improvement, including carrying out the 9th Conference on Good Regulatory Practices on the theme of building high level support for reform and international regulatory cooperation.
We welcome the APEC Regulatory Cooperation Advancement Mechanism (ARCAM) Dialogue on Facilitating Trade and Investment in Sustainable Materials Management (SMM) Solutions and look forward to the forthcoming report to enhance regulatory cooperation and coherence among APEC economies in this sector.
We note the discussion of government procurement related issues to enhance APEC member economies’ understanding of opportunities and challenges in this area. We look forward to continued work on government procurement related issues.
Standards and Conformance
We welcome the work done by the Sub-Committee on Standards and Conformance (SCSC) to strengthen standards and conformance infrastructure, to support and promote innovation, trade facilitation and competitiveness of MSMEs as well as a quality culture in the APEC region through the exchange of experiences in standards and conformance education.
We welcome the continued efforts of the Food Safety Cooperation Forum (FSCF) and its Partnership Training Institute Network (PTIN) that contribute to the enhancement of food safety systems and predictability and transparency in agriculture and food markets, facilitate international trade in the APEC region, and strengthen food safety infrastructure through behavioral science interventions that improve hand hygiene compliance. We congratulate the SCSC Wine Regulatory Forum (WRF) for fulfilling its goal to develop a consolidated voluntary APEC model wine certificate. We look forward to continued work by the WRF to promote the reduction and elimination of technical barriers on wine trade.
We highlight that strengthening effective, science-based and transparent food regulatory systems is crucial to food trade facilitation. Recognizing that approaches and requirements to food safety may differ between economies or areas within them, we remain committed to seek and develop common ground for promoting strong science-based food safety systems that meet the legitimate objectives of protecting human, animal and plant life or health, whilst their application is as least trade restrictive as possible, consistent with WTO rights and obligations under agreements such as the Agreement on Technical Barriers to Trade (TBT) and the Application of Sanitary and Phytosanitary (SPS) Measures. Thus, we praise food safety cross-fora co-operation and capacity building initiatives on this matter implemented in 2016.
Intellectual Property Rights
We endorse the APEC Best Practices in Trade Secrets Protection and Enforcement Against Misappropriation and acknowledge the importance of trade secrets as one of many essential tools that may help MSMEs to maintain their competitive standing, secure financing, and integrate themselves into global supply chains.
We recognize the importance of further work to promote cooperation, protection and enforcement of intellectual property (IP) rights, in accordance with TRIPS Agreement and enhance MSMEs' capacity on IP management and commercialization for their continuous development, growth and innovation.
2. Enhancing the Regional Food Market
We recognize the importance of international trade among APEC members to increase market access in the food sector, which leads to greater food security by increasing the availability and diversity of the food supply. We call upon all WTO members to engage constructively to negotiate and make all concerted efforts to agree and adopt a permanent solution on the issue of public stockholding for food security purposes by the 11th Ministerial Conference of the WTO. Moreover, we recognize that open, transparent multilateral trade among APEC members has already led to significant food security gains in the APEC region. We are resolved in making positive efforts to address in the appropriate APEC sub-fora the outstanding issues identified in the 2016 Second-Term Review of APEC’s Progress towards the Bogor Goals in accordance with WTO rules. We also encourage economies to address relevant measures including non-tariff measures and non-tariff barriers.
We welcome the Piura Declaration on Food Security and its annexes. These documents set clear steps forward to consider integrated economic approaches, enhance food markets and sustainably produce food in the face of challenges to food production, storage and distribution. Thus, we encourage APEC economies to participate actively in these framework initiatives and to develop the respective action plans in 2017.
We welcome the multi-year APEC Program on Food Security and Climate Change. We recognize the profound impact that climate change will have on food security in every APEC economy.
We welcome the establishment of the Strategic Framework on Rural-Urban Development to Strengthen Food Security and Quality Growth in APEC which recognizes the important implications of urbanization in the APEC region for food security, and the need for new, integrated economic approaches that promote food security and economic growth across the entire rural-to-urban spectrum.
We highlight the importance of water as a basic element for sustainable agriculture and maintaining the natural environment, and that serious challenges are evident throughout the APEC region due to increased demand and the impact of climate change. We call on APEC economies to share their experiences on water governance for development and sustainability; as well as on its sustainable use and integrated management. Moreover, we encourage public-private partnerships to foster investment to improve water supply to populations and producers.
We remain committed to the long-term goal of developing a sustainable APEC Food System to enhance food supply efficiency and improve access to food and nutrition across the Asia-Pacific region and to provide long lasting food security for our populations. We will deepen regional cooperation on food standards and improve efficiency of food trade.
We reaffirm our resolve to implement the APEC Food Security Roadmap Towards 2020 and its commitments. Furthermore, we encourage economies to continue the implementation of the 2030 Agenda for Sustainable Development, noting the direct relevance of a number of the Sustainable Development Goals (SDGs) for food security. We strive to tackle food insecurity and malnutrition of vulnerable groups, and encourage contribution of the private sector in this regard.
We acknowledge the important role of producers, including small scale producers in agriculture production and entrepreneurs in the food system, and support business models that promote capacity building and market access to strengthen their competitiveness in the overall food value chain. We acknowledge that connecting small-scale producers to local, regional and global markets has the potential to expand livelihood, reduce poverty, promote rural development and improve food security in the region.
We value deliberations throughout 2016 on the cross-cutting issues of food security and climate change, and solutions including the use of agricultural innovation, sustainable use of resources, disaster management, agricultural technical cooperation and promotion of rural-urban development. We encourage economies to design focused, consensus-based actions to address these issues and to enhance agricultural productivity and food markets and reinforce the APEC Food System. We also encourage economies to promote investment, quality infrastructure, services and capacity building, including through the sharing of best practices, to support economic integration for the sake of food security and prosperity in the region.
We note the role of the APEC Climate Center (APCC) in fostering strengthened science-based climate information systems for environmental and risk management related to food production. We also recognize the contribution of the 10th Senior Disaster Management officials on the issue of food security
We encourage member economies to strengthen communication and cooperation on food loss and waste reduction strategies, share best practices and call on member economies and stakeholders to make significant efforts to reduce food waste, improve its management and educate consumers to avoid waste. We value the progress of the APEC Food Losses Multi-Year project.
We note the increasing importance of sustainable fisheries and aquaculture to the region’s food supply, as well as the significant challenges facing this sector. We encourage APEC economies to implement science-based measures to sustainably manage fish habitats and coastal and marine ecosystems – including adapting such measures to climate change as appropriate – and to cooperate to rebuild stocks, halt overfishing, and prevent, deter and eliminate Illegal, Unreported and Unregulated (IUU) fishing in the region. We call for further coordination and collaboration among APEC experts in fisheries, aquaculture, and agriculture under APEC’s food security agenda.
3. Modernizing Micro, Small and Medium Enterprises (MSMEs)
We welcome the 2016 SME Ministerial Statement and acknowledge the fact that the modernization of SMEs implies taking concrete steps to increase their innovation capacities. Together with other initiatives, we will focus on fostering enabling environments and policies, innovation, reinforcing access to financial means, ICT infrastructure and capacity building, enhancing the participation of SMEs in electronic commerce, and Online-to-Offline (O2O) business model in order to help them gain access to new markets, reducing technological gaps faced by SMEs, and progressively promoting a more sustainable, eco-friendly and green production. We also acknowledge that it is important for each APEC economy to promote MSMEs’ active participation in global value chains (GVCs) through measures to address challenges faced by MSMEs in conducting overseas business development, e.g improving infrastructure, ensuring transparency in legal systems and business practices.
We welcome progress made by APEC in implementing the Boracay Action Agenda to Globalize MSMEs. We encourage economies to further reduce the costs associated with non-tariff measures (NTMs), as recognized by APEC economies through their inclusion in the Boracay Action Agenda and APEC Individual Action Plans. We further encourage economies to continue the development of initiatives that will benefit MSMEs in the region and contribute to their internationalization. We also acknowledge the importance of greater involvement of SMEs in business-to-business (B2B) and business-to-government (B2G) markets.
We welcome the initiative to develop a Compendium on Methodologies for SMEs Internationalization in order to exchange APEC members’ policies, strategies and measures to achieve SMEs’ internationalization. We look forward to the progress of this initiative in 2017 towards contributing to the Boracay Action Agenda and the Iloilo Initiative on MSMEs Marketplace.
We recognize the opportunities that the digital economy offers to MSMEs to enhance integration into global supply chains and value chains, fostering more inclusive and sustainable economic growth.
We welcome the progress of the APEC Supporting Industry Initiative from the viewpoint of promoting policies for the improvement of supporting industries’ productivity and competitiveness, with particular focus on MSMEs, by sharing policy experiences in APEC, and instruct officials to take steps to report research outcomes to Ministers and to develop a policy guideline in 2017.
We welcome the initiative to develop an APEC Strategy for Green and Sustainable MSMEs. We encourage the public-private partnership approach as a means to create an enabling environment where MSMEs can take part in green activities in a cost-effective manner, and to enhance green awareness and necessary skills of MSMEs to develop accessible green technologies.
We welcome the outcomes of the third APEC Business Ethics for SMEs Forum, notably the launch of the ethical business frameworks bringing together diverse stakeholders in a new model to eliminate unethical business practices across healthcare systems. We reaffirm the commitment by APEC economies to enhance work with third party intermediaries. We also welcome the new Implementation Team envisioned for the engineering and construction sector that will foster cross-fora collaboration within APEC to strengthen infrastructure development practices.
4. Developing Human Capital
We welcome the Joint Ministerial Statement from the Sixth APEC Education Ministerial Meeting and its associated outcomes, particularly the APEC Education Strategy which will guide us to achieve inclusive and quality education and training by enhancing competencies, accelerating innovation and increasing employability. The APEC Education Strategy will help support an increase in the participation rate of disadvantaged and underrepresented groups and align education to the needs of individuals, societies, labor markets and science-technology development. We therefore encourage member economies to start implementing the APEC Education Strategy, including by setting annual goals in the 2017 HRDWG work plan.
Taking into consideration the vital role of ICTs in the modern world connectivity, and understanding that bridging the digital divide can help facilitate better access to education, we encourage APEC economies to promote capacity building activities for increased digital literacy.
We also welcome the development of the APEC Baseline Report on Current Education Status in the Asia Pacific region, as an important tool for enhancing mutual understanding, and learning of educational development among APEC member economies. We urge APEC officials to update this important information when necessary.
We acknowledge the importance of mainstreaming human development through APEC fora. Thus, we encourage member economies to explore possible cross fora collaboration on human capital development, so as to include MSMEs, women, youth, the elderly and persons with disabilities. With a view to preparing our societies for the future world of work, we would welcome a focus on developing 21st century skills, promoting entrepreneurship and boosting employability in our students and youth, including STEM, data analytics and technical skills focusing on women and disadvantaged groups.
In this regard, we are committed to strengthening our efforts to tackle youth unemployment under the APEC Framework for Youth Education, Employment and Entrepreneurship, which was adopted by the HRDWG.
We welcome the outcomes of the Joint Meetings between HRDWG, PPSTI and the EC in 2016 and encourage them to continue working together to further develop human capital in the region, to contribute to the structural reform agenda, and to deepen participation in labor markets.
We recognize that collaborative work in APEC will help shape and enhance the skills and competencies of people through either education or work experience. Educational processes are an essential tool that enables people to benefit throughout their lives from training, innovation, research and problem solving.
We acknowledge that human capital development should focus on boosting workers’ skills to increase the competitiveness of enterprises through innovation in processes and productivity. We recognize that the acquisition of soft skills is just as important as technical capabilities.
We recognize the importance of workplace safety and encourage APEC economies to share relevant best practices across the APEC region.
OTHER SECTORAL OUTCOMES
Tourism
We welcome the strong commitment of the 2016 APEC Tourism Ministerial Meeting (TMM) to foster an environment that allows tourism-related MSMEs to participate in global value chains to encourage inclusive growth.
As the world’s largest air passenger market, we acknowledge the importance of travel and tourism as a vehicle for job creation, economic growth, sustainable development, and peace. In that sense, we welcome the APEC Travel Facilitation Initiative’s (TFI) progress in facilitating and enhancing people to people connectivity. We recognize travel facilitation and air connectivity as key factors for economic and regional development and catalysts for quality growth of the tourism sector. The movement of travelers across the Asia-Pacific region for both business and tourism is key to promoting economic growth, trade, and regional economic integration.
We welcome the “Developing Traveler-Friendly Airports in the APEC Region” and stress the importance of moving forward with efforts to develop smart traveler programs and visa facilitation agreements. We also encourage APEC economies to develop trusted traveler programs and utilize advanced information systems such as advance passenger information and passenger name record (API/PNR) in order to ensure safe, secure and efficient travel.
Urbanization
We acknowledge that urbanization is rapidly advancing in the Asia-Pacific region and note the need to implement sound, sustainable and people-oriented urbanization processes in order to create new opportunities and to invigorate innovative development. We note with appreciation the APEC High-Level Urbanization Forum held in Ningbo, China, and the Ningbo Initiative. We encourage APEC economies to further and deepen urbanization cooperation and enhance APEC economies’ urbanization quality.
We take note of the project on Developing the Methodology for Measuring and Realizing the Sustainability of Cities in the APEC region.
Women and the Economy
On this five year anniversary of the San Francisco Declaration we reaffirm our shared vision for inclusive growth in which women are able to achieve their full economic potential and contribute to the development and prosperity of the Asia-Pacific. We welcome the APEC Women and the Economy 2016 Forum Statement that recognizes the crucial role of women in the development and prosperity of the Asia-Pacific.
We underline the importance of women’s contribution to economic growth with a view to achieving a more inclusive and balanced growth for the Asia-Pacific region through fostering an enabling environment for women. Recognizing our responsibility to create a society in which all women and girls are empowered and actively engaged for sustainable, inclusive and equitable economic growth, we call on economies to pursue concrete policies and innovative measures to further enhance women’s economic empowerment by providing wider access and more resources for more women to engage in economic activities, and seek their greater inclusion in the regional economy as well as through the provision of equal opportunities for employment, entrepreneurship, training and education, social protection, innovation, access to international markets, leadership and decision-making at all levels.
We recognize the importance of having a systematic approach to women’s economic empowerment, including enhancing digital literacy of women, recognition and redistribution of unpaid care work, the elimination of gender-based violence and to advocate for mutual respect and shared responsibilities between men and women.
Recognizing that enhancing women’s representation in the economic sphere particularly in leadership, decision making and management will serve as a catalyst to promote economic growth, we welcome the mid-term review study and Public- Private Dialogue (PPD) of the Individual Action Plan (IAP) for the Enhancement of the Ratio of Women’s Representation in Leadership project. We also welcome the initiative to conduct and share case studies of Good Practices on Gender Diversity in Corporate Leadership for Growth.
We welcome the outcomes of the 2016 APEC Women in STEM Forum as a key contribution to address capacity building priorities identified under the Women and the Economy Dashboard. We welcome economies’ efforts to encourage adolescent girls’ participation in STEM fields. We welcome the conclusion of APEC Multi Year Project on Innovation for Women and Economic Development.
We welcome the outcomes of the first APEC contest for women-entrepreneurs APEC Business Efficiency and Success Target Awards (APEC BEST Awards) for promoting women’s entrepreneurship through spreading success stories across the APEC economies and boosting business networking, and call for continued implementation of the APEC Healthy Women, Healthy Economies Policy Toolkit.
We encourage more extensive collaboration and mainstreaming of gender equality and women’s economic empowerment across APEC working groups and fora, considering its nature as a cross-cutting issue.
Health
We welcome the outcomes and recommendations from the Sixth High-Level Meeting on Health and the Economy and efforts to explore multi-sectoral approaches to ensure the implementation of the Healthy Asia-Pacific 2020 Roadmap in support of the 2030 Sustainable Development Goals (SDGs). We welcome efforts to build more efficient and high-performing health systems, including through public-private partnerships. We encourage cross-fora collaboration to achieve the common goal of proactive investment in healthy workforces and access to healthcare.
We call on APEC economies to continue to work together to enhance the evidence base for policy development, effective health interventions, improved decision-making, and impact measurement. We acknowledge the importance of the secondary use of health and medical data in accordance with relevant ethical and data privacy laws principles. We call on economies to reduce unnecessary barriers to trade and investment in the supply chain of healthcare products. We welcome APEC efforts to campaign for mental health including the development of projects under the APEC Digital Hub for Mental Health. We welcome capacity building efforts to ensure the safety and sustainability of the blood supply chain, and accelerate action on cervical cancer.
We emphasize the importance for APEC economies of ensuring proper resource allocation; underscoring the importance of health in domestic budgets; making high impact investments; aligning regulatory standards and procedures, and maximizing the use of existing health infrastructure for improving health system efficiencies. Furthermore, we call on APEC economies to improve people’s health and well-being by putting in place health systems, which achieve and maintain Universal Health Coverage (UHC). We recognize the importance of strong health systems in fostering quality growth, financial inclusion, and human development and look forward to the further work planned for 2017 on ways to address the fiscal and economic impacts of ill health.
The life sciences are critical to supporting quality growth, innovation and access to medical products. We reaffirm APEC’s goal of achieving convergence of regulatory approval procedures for medical products by 2020 and urge the Life Sciences Innovation Forum (LSIF) to continue applying its model of government, academia and industry cooperation to build capacity and policy research towards achieving this goal. We welcome the Center of Excellence pilot programs on quality standards, multi-regional clinical trials, biotherapeutics, and global data standards conducted by relevant institutions.
Marine Debris
Recognizing the health and environmental concerns created by the large and rapidly increasing amount of plastic litter in the ocean from land-based sources and an insufficient waste management system which is not attracting the attention of investors, we endorse the Policy and Practice Recommendations of the APEC High-Level Meeting on Overcoming Barriers to Financing Waste management Systems to Prevent Marine Litter in the Asia Pacific Region.
Blue Economy
We value the outcomes of the 4th APEC Blue Economy Forum and encourage economies to enhance the Forum as a vehicle of regional blue economy cooperation. We encourage the APEC Marine Sustainable Development Center to take stock of regional blue economy cooperation and through the Ocean and Fisheries Working Group (OFWG) facilitate the update of the APEC Marine Sustainable Development Report to promote regional marine sustainable development, as an important APEC contribution to the 2030 Agenda for Sustainable Development.
We welcome efforts to strengthen our work in addressing and mainstreaming cross-cutting issues of ocean cooperation amongst relevant APEC fora.
Emergency Preparedness
As we continue to experience the economic devastation brought by disasters in our vulnerable region, we recommit our efforts to ensure our communities, businesses, and economies are prepared to recover as quickly as possible. We endorse the APEC Principles for Early Warning Systems and welcome the APEC Disaster Risk Reduction Framework Action Plan. We further encourage economies to implement the Seven Principles of Supply Chain Resilience, especially business continuity planning. We also encourage capacity building, strengthening early warning systems, and search and rescue cooperation for the resilience and livelihood of communities.
Industry Dialogues
We encourage economies to utilize the Chemical Dialogue’s best practice principles checklist during the regulatory process. We welcome the report and recommendations on reducing divergences in implementation of the Globally Harmonized System of Classification and Labelling of Chemicals and instruct officials to report on implementation of those recommendations in 2017. We welcome efforts to streamline import certification procedures for chemicals and improve predictability and transparency.
ECONOMIC AND TECHNICAL COOPERATION
We remain committed to the Manila Framework on ECOTECH, and will continue to leverage ECOTECH activities to help developing economies achieve the Bogor Goals by 2020. We welcome the decision to approach capacity-building activities with strategic foresight by undertaking multi-year projects, including support for APEC’s work to strengthen and deepen regional economic integration and to facilitate the realization of the FTAAP.
We also welcome contributions by members to the APEC Support Fund. We note with appreciation the full operation of Sub-Funds on the FTAAP/GVC, IERG, and Connectivity. We recognize the important work of the budget and management committee (BMC), through its small Working Group, and exchanges with SCE on pending issues to implement the APEC Capacity Building Policy to better support APEC economies. We look forward to the respective recommendations to be presented by 2017. We highlight the importance and appreciate the contribution of capacity building efforts for developing economies, and call for more contributions in this regard.
Science, Technology and Innovation
We recognize that Research and Innovation is a key driver of quality growth and human development. We encourage endeavors to use Science, Technology and Innovation, as well as STEM education, to face challenges and create opportunities in our region. We also support Research and Innovation Policy Dialogues to exchange best practices and information and to formulate science and technology policy recommendations.
We congratulate the results of the 2016 APEC Science Prize for Innovation, Research and Education (ASPIRE Prize) under the theme “Technologies for Food Security”, and encourage cross-border research by young scientists in the Asia-Pacific region.
We acknowledge the Guidelines on the Establishment, Management and Review of Endorsed APEC Centers, endorsed by PPSTI, to encourage specialized bodies to bring further valued resources and expertise to science, technology and innovation in the region.
We welcome the progress of the APEC Chief Science Advisors and Equivalents (CSAE) group in formulating recommendations for science advice on emergencies, as requested in the 2015 APEC Leaders’ Declaration. We note the CSAE recommendations on developing human capital by investing in scientists who have a role in risk management and climate change, and the contribution of science advice to assist APEC economies to achieve the SDGs.
We highlight the further cooperation between PPSTI and ABAC on a vast range of topics, including enhancing policy support to start-up incubators and accelerators, and specific projects to better engage private sectors in STI activities.
Forestry and Wildlife
We reaffirm APEC´s commitment to the 2020 aspirational goal to increase forest cover by at least 20 million hectares and we remain committed to promote sustainable forest management, conservation and rehabilitation of forests. We note this APEC aspirational goal contributes to the role of forests in achieving the SDGs, and we invite economies to consider progress towards achieving the 2020 aspirational goal.
We reaffirm APEC´s commitment to take concrete steps to fight against illegal logging and associated trade in the region and efforts to facilitate law enforcement cooperation within and among APEC economies. In addition, we note the importance of increasing trade in legally harvested forest products.
We look forward to further development in favor of trade in legally harvested forest products, and welcome member economies´ endeavors to pursue measures to establish effective timber traceability systems, including through strengthened government capacity.
We remain committed to strengthening our efforts to combat illicit wildlife trafficking through the continued development and use of technologies, exchange of information and intelligence, best practices and enforcement responses to combat illicit trade, and reduce the supply of, transit in, and demand for illegally taken and / or traded wildlife.
Energy
We reaffirm our commitment towards Leaders’ aspirational goals to reduce aggregate energy intensity by 45 percent by 2035, to double the share of renewable energy in the APEC energy mix by 2030, and to achieve sustainable and resilient energy development within the Asia-Pacific. We commit to rationalizing and phasing out inefficient fossil fuel subsidies which encourage wasteful consumption, while still providing essential energy services. We express our appreciation to the economies that have volunteered to undergo a voluntary inefficient fossil fuel subsidy peer review in APEC and the G20, and we encourage more economies to participate in peer review.
We welcome the completion of the APEC Guideline for Quality Electric Power Infrastructure and Energy and Economic Competitiveness Report.
We recognize that sustainable development, energy access, energy resilience, and energy security are critical to the shared prosperity and future of the region.
We appreciate member economies’ efforts to create favorable conditions for trade and investment to support a diversified, flexible, and integrated natural gas market in the APEC region.
We endeavor to achieve a more secure and safe energy infrastructure and reaffirm the vital importance of achieving and maintaining high levels of nuclear safety, security, and non-proliferation, worldwide.
Mining
We welcome the strengthening of mining collaboration during 2016 and commend the initiatives commenced with the support of the APEC Mining Sub-fund, advancing the 10 Mining Policy Principles for sustainable and inclusive growth of the mining sector.
Anti-Corruption
We reiterate our commitment to implement the Beijing Declaration on Fighting Corruption. In line with each economy’s laws and policies, we are committed to denying safe havens for corrupt officials and their proceeds of corruption. We commit to strengthen cooperation on repatriation or extradition, as appropriate. We will continue to implement the actions outlined in the APEC Course of Action on Fighting Corruption and Ensuring Transparency, Code of Conduct for Business, and Principles on the Prevention of Bribery and Enforcement of Anti-bribery Laws.
We are committed to further strengthen the APEC Network of Anti-Corruption Authorities and Law Enforcement Agencies (ACT-NET) and drawing on the experiences of law enforcement by sharing best practices, and promoting cross-border cooperation, both formal and informal, to investigate and prosecute corruption and bribery cases.
We will commit to highlight the importance of best practices shared on the implementation of anti-corruption and anti-bribery compliance programs designed to prevent and detect bribery, considering incentives by member economies to encourage businesses to establish effective voluntary anti-corruption programs and support for our pathfinder dialogues on fighting corruption and illicit trade.
Counter-terrorism
We encourage officials to continue implementing the APEC Consolidated Counter-Terrorism and Secure Trade Strategy and, in light of the threat that foreign terrorist fighter (FTF) travelers pose to the integrity of the region’s transportation infrastructure, focus on the strategy’s call for immigration and border officials to manage the flow of bona-fide international travelers in and out of economies. We recognize that advance passenger information and passenger name record (API/PNR) systems can mitigate the FTF travel threat, and we encourage APEC member economies to use these important tools that also facilitate legitimate travel by enabling authorities to process travelers at border crossings more quickly.
Disability issues
We reaffirm our commitment to ensure that persons with disabilities enjoy meaningful, active and collaborative participation in the shared prosperity and advancement of the Asia-Pacific region. We value their creative potential and abilities as integral and contributing members of our society to enhance economic growth and are committed to advance equal opportunity of persons with disabilities for employment, leadership, and decision-making. Thus, we commit to implement measures including reasonable accommodation and enabling conditions to ensure equality of access to an inclusive quality education and professional and technical training, which lead to meaningful and sustainable employment opportunities. We recognize the efforts of the Group of Friends on Disability (GOFD) in actively promoting development that is inclusive of persons with disabilities. We encourage officials to take measures to promote the value of persons with disabilities as employees, investors and participants in economic development.
Transportation
We acknowledge the important role the transport sector plays in the interchange of goods and people between economies. We support ongoing initiatives to promote a safe, secure, efficient, resilient, and innovative transport sector. In this regard, we appreciate the work of the APEC Port Service Network (APSN) to promote connectivity in the APEC ports and related industries. We welcome recent efforts to promote road safety initiatives including in relation to heavy vehicles, encourage regional integration through promoting gateway port connectivity, promote the development of intelligent transport systems, help supply chains resume after natural disasters, build capacity amongst governments to leverage public-private partnership frameworks to expand transportation infrastructure, and support women’s participation as workers in the growing Asia-Pacific transportation sector.
STRENGTHENING APEC AS AN INSTITUTION
We welcome officials’ continued efforts to strengthen the operational and institutional capabilities of the APEC Secretariat.
We recognize that the Policy Support Unit continues to be a valuable and integral part of APEC, advancing key initiatives this year, such as the Ease of Doing Business, the Bogor Goals reviews, SCFAP final assessment, as well as promoting our achievements outside of APEC. Recalling the decision we made in 2012 when extending the PSU mandate, we look forward to the mid-term review of the PSU and its outcomes in 2017. We call on APEC members and fora to support the PSU in the review process.
Recognizing the large number of APEC sub-fora, we welcome the ongoing discussions to streamline and right-size APEC groupings, improve accountability and communications on the part of sub-fora leaders, link project funding more closely with top APEC priorities, and enhance participation by the private sector. These actions will contribute to making APEC more relevant, effective, and accountable, and we commend further efforts towards these goals.
We endorse the 2016 Senior Officials' Chair report on APEC's activities, note the APEC Secretariat Executive Director Annual Report, endorse the CTI Annual Report to Ministers, and approve the 2017 Secretariat Account Budget and corresponding level of 2017 Members’ Contributions.
We welcome preparations for APEC 2017 in Vietnam.
We recognize ABACs role in coordinating the four executive dialogues in Trade, Mining, Food and Finance this year, which provided important opportunities for Ministers and the private sector to engage on the issues.

Source: http://www.apec.org/Meeting-Papers/Annual-Ministerial-Meetings/Annual/2016/2016_amm.aspx

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2016 Leaders' Declaration

2016 Leaders' Declaration
Lima, Peru 20 Nov 2016
2016 LEADERS’ DECLARATION
We, the Leaders of APEC, met in Lima under the theme of Quality Growth and Human Development to continue working on our common endeavor to support free and open trade and investment, sustainable economic growth and shared prosperity in the Asia-Pacific region. Within this vision, in 2016 we have focused our efforts on the following thematic priorities: Regional Economic Integration and Quality Growth; Enhancing the Regional Food Market; Towards the Modernization of Micro, Small and Medium-sized Enterprises (MSMEs) in the Asia-Pacific; and Developing Human Capital.
Eight years after Peru hosted APEC for the first time, the world economic recovery is progressing, but facing increasingly far-reaching and interrelated challenges. The confluence of inequality in some economies and uneven economic growth, as well as environmental degradation and the risks posed by climate change, affect prospects for sustainable development, and deepen uncertainty toward the immediate future. In addition, globalization and its associated integration processes are increasingly being called into question, contributing to the emergence of protectionist trends.
While these challenges may pose a risk to our common aspirations and objectives, we recommit our efforts to ensure APEC maintains its global leadership as a forum that can, through cooperation, tackle the most pressing problems, and continue to be an incubator of ideas of the future. In that sense, we remain committed to the implementation of the 2030 Agenda for Sustainable Development as it represents a balanced and comprehensive multilateral framework for international cooperation. We also welcome the recent entry into force of the Paris Agreement and commit to its transparent and effective implementation in order to transition towards a low carbon, climate resilient economy.
Quality Growth and Human Development
We reaffirm our aspirations towards balanced, inclusive, sustainable, innovative, and secure growth in the APEC region, as reflected in the APEC Accord on Innovative Development, Economic Reform and Growth, and the APEC Strategy for Strengthening Quality Growth by 2020, to bring greater focus to the importance of pursuing quality growth as envisaged in the 2010 APEC Growth Strategy.
Stressing the importance of achieving quality growth, we also pledge to focus our efforts on ensuring that our policies and strategies contribute in concrete terms to raising people´s quality of life and enhancing social equity in the region. We therefore recognize that our efforts to achieve APEC´s objectives and goals must remain focused on improving the lives of our people.
We recognize the vital importance of continuing work towards an inclusive education agenda that will enable people of all ages to meet the challenges of a globalized world. Furthermore, realizing that equitable access to high-quality education and training will allow our people to develop skills and competencies from early childhood and throughout their lifetime, we must focus our efforts on improving the quality, mobility and access to education including in partnership with employers, and soft skills development.
We encourage our economies to collaborate on improving education in the Asia-Pacific region under the principles established in the APEC Education Strategy. This strategy outlines a path for achieving a strong and cohesive APEC education community characterized by inclusive and quality education that supports sustainable economic growth and social well-being, enhances competencies, accelerates innovation and increases employability.
Given that full and productive employment for all population groups is essential for human development in the region, we also recognize that the economic empowerment of women, youth and persons with disabilities should be a priority under the APEC agenda for enhancing quality growth and human development.
In this regard, we commit to strengthen our efforts to ensure decent work and work life quality for all, especially socially vulnerable groups, by providing access to quality inclusive education and vocational training; boosting entrepreneurship; improving social protection; and enhancing regional cooperation.
We recognize women’s vital contribution to economic and social development and we commit to strengthen our efforts to support the mainstreaming of gender equality and women’s empowerment across APEC’s work, to ensure that women enjoy equal access to quality education and economic resources. We welcome efforts to support women’s entrepreneurship, grow women-led SMEs, enhance women’s digital literacy, promote women's career development, strengthen women and girls' access to science, technology, engineering and mathematics (STEM) education and careers and address health-related barriers to women’s economic participation. We believe that the development of ICT plays a vitally important role in human development and we reaffirm our willingness to achieve next-generation broadband by 2020.
Recognizing health as the foundation of economic prosperity and human development, we highlight the importance of promoting health systems towards the achievement of Universal Health Coverage (UHC), which are resilient, sustainable, accessible and responsive to current and future needs to foster quality growth and human development. We look forward to further work on ways to address the fiscal and economic impacts of ill health.
Challenges and opportunities for free trade and investment in the current global context
We recognize that there has been a slow and uneven recovery from the economic and financial crisis of 2008, resulting in lower global economic growth, volatile financial conditions, lower commodity prices, rising inequalities, employment challenges, and significantly slower expansion of international trade in recent years.
We remain committed to using all policy tools – monetary, fiscal and structural – individually and collectively, to strengthen global demand and address supply constraints. We reaffirm the important role of mutually-reinforcing policies to buttress our efforts to achieve strong, sustainable, balanced and inclusive growth. We reaffirm our previous commitments on monetary and exchange rate policies. We will refrain from competitive devaluation, resist all forms of protectionism and not target our exchange rates for competitive purposes. We reiterate that excess volatility and disorderly movements in exchange rates can have adverse implications for economic and financial stability.
While the complex global economic environment will continue framing our work, it also represents an opportunity to reiterate our commitment to build a dynamic, harmonious and open economy in the Asia-Pacific region featuring innovative development, interconnected growth and shared interests, that advances employment opportunities for all, by reaffirming free and open trade and investment, accelerating regional economic integration, promoting competitive markets, encouraging economic and technical cooperation, and facilitating a favorable and sustainable business environment.
These overarching principles will continue to guide us in our common path. At the same time, we acknowledge that economies need to reach out to all sectors of our societies to better explain the benefits of trade, investment and open markets, and to ensure that those benefits are widely distributed.
Building on the WTO’s successful Bali and Nairobi Ministerial Conferences and recognizing all the elements contained in the Ministerial Declarations, we commit to continue implementing the Bali and Nairobi outcomes and advance negotiations on the remaining Doha Development Agenda issues as a matter of priority. We also note a range of issues of common interest and importance to today’s economies in the Asia-Pacific region may be legitimate issues for WTO discussions. Therefore, we instruct our officials to work with a sense of urgency and solidarity with all WTO members to set the direction together towards achieving positive, and meaningful results by the next WTO Ministerial Conference in 2017 and beyond.
We reaffirm our commitment to keep our markets open and to fight against all forms of protectionism by reaffirming our pledge against protectionism through a standstill commitment that we agree to extend until the end of 2020 and to roll back protectionist and trade-distorting measures, which weaken trade and slow down the progress and recovery of the international economy.
We welcome the progress made by economies in notifying their acceptance of the WTO Trade Facilitation Agreement (TFA) and support its entry into force at the earliest possible date. We call upon the remaining APEC economies as well as other WTO members to make their utmost efforts to submit their instruments of acceptance of the TFA by the end of the year.
We recognize that WTO consistent plurilateral trade agreements with broad participation can play an important role in complementing global liberalization initiatives. In this regard, the ongoing or already concluded plurilateral agreements such as the Information Technology Agreement and its expansion, the Trade in Services Agreement, and the Environmental Goods Agreement, shall be open to all WTO members who share the objectives of such plurilateral agreements and negotiations for participation.
Furthermore, we also welcome the implementation of the Information Technology Agreement (ITA) expansion and call on those who have committed to implement by July 1st 2016 to do so as soon as possible.
APEC Economies participating in the WTO Environmental Goods Agreement (EGA) negotiations reaffirm their aim to redouble efforts to bridge remaining gaps and conclude an ambitious future oriented EGA that seeks to eliminate tariffs on a broad range of environmental goods by the end of 2016, after finding effective ways to address the core concerns of participants.
We underscore the importance of investment as a catalyst for economic growth and job creation. We commit to take concrete measures to provide an enabling environment for investment.
We acknowledge that structural reform is critical to improving economic efficiency, increasing productivity and competitiveness, creating jobs and promoting innovative growth in the face of the slowdown in the global economy. In this regard, we emphasize the importance of removing those structural and regulatory obstacles that unnecessarily inhibit cross-border trade, finance and investment, and create behind-the-border barriers to doing business. We encourage concrete actions by economies to deepen efforts in line with the Renewed APEC Agenda for Structural Reform (RAASR). Accordingly, we note the conclusion of RAASR Individual Action Plans by all member economies and welcome those commitments to important domestic structural reforms. At the same time, we recognize that structural reforms can be applied flexibly depending on domestic circumstances and macroeconomic situation. We also welcome the progress made so far on the Ease of Doing Business initiative.
We welcome the Strategy for Modernization of Finance Ministers’ Process and the Strategy for Implementation of the Cebu Action Plan, which will lay the foundations to ensure concrete outcomes to facilitate implementation of meaningful reforms in our economies that take into account their level of development and domestic circumstances.
Following the path established in the Beijing Roadmap for APEC’s Contribution to the Realization of the Free Trade Area of the Asia Pacific (FTAAP) in 2014, we reiterate our commitment to the eventual realization of the FTAAP as a major instrument to further deepen APEC's regional economic integration agenda. With this vision, we endorse the Collective Strategic Study on Issues Related to the Realization of FTAAP and its Executive Summary. Furthermore, we endorse the Recommendations of the Study as the Lima Declaration on FTAAP (annexed to this Declaration).
We commend APEC officials for their hard work on finalizing the Collective Strategic Study. We instruct officials to implement the Lima Declaration on FTAAP, in particular to develop, and implement work programs towards the realization of the FTAAP. We look forward to regular progress reports on implementation of these work programs and APEC’s collective readiness to build capacity to realize the FTAAP. Furthermore, based on the Study and other APEC work as possible references, we instruct officials to consider next steps that can be taken towards the eventual realization of an FTAAP.
We recognize the Bogor Goals of free and open trade and investment in the Asia-Pacific region as one of the most important milestones in the history of APEC, which inspires member economies in their pursuit of sustainable development and equitable growth. We acknowledge that APEC member economies have made substantial progress in many areas related to the Bogor Goals, including via lower applied tariffs, more Regional Trade Agreements/Free Trade Agreements (RTA/FTAs), increased openness to foreign trade and investment, and improved trade and investment facilitation. At the same time, we recognize that more work needs to be done to improve the existing trade and investment conditions, as progress has been uneven across the region.
We welcome, therefore, the Second-term Review of Economies’ Progress towards the Bogor Goals and instruct officials to pursue work in those areas where progress has been uneven, including non-tariff measures, the slowdown in trade within APEC, and unemployment.
Four years before the target of the Bogor Goals and with major developments taking place both within and outside APEC, we consider it pertinent to start a process of reflection on an APEC post-2020 vision. Therefore, we commend Peru’s initiative to start in 2016 a series of high-level dialogues on APEC Toward 2020 and Beyond and instruct our officials to continue this process on a yearly basis until 2020.
We acknowledge that the services sector is a major contributor to productivity and growth within APEC. Improved competitiveness in services as well as growth in services trade through an open and predictable environment for access to services is one of the key factors for APEC to boost its economic growth. We also recognize that we need to address barriers that inhibit our businesses from competing or trading in services markets. We therefore endorse the APEC Services Competitiveness Roadmap (annexed to this Declaration) and instruct officials to monitor and evaluate progress in implementing the Roadmap, taking concrete actions and pursuing mutually agreed targets that will facilitate services trade and investment and enhance the competitiveness of the services sector, while addressing factors constraining the growth of trade as well as considering the differences in economic and social circumstances across APEC economies.
We recognize that innovation is a key driver of quality growth. In this regard, we encourage efforts to identify new growth engines, and will embrace the opportunities brought forth by sectors such as the Internet and Digital Economy.
We welcome the endorsement of the next steps to advance our work on digital trade and the progress made in Internet Economy cooperation. We instruct officials to continue to advance work in accordance with the agreed work plan endorsed by Ministers. We also welcome APEC economies’ initiatives and leadership to explore new areas of potential economic growth in the area of digital trade and related issues, such as those identified by Ministers.
We recall the APEC Leaders 2011 Honolulu Declaration and recognize the importance of implementing the APEC Cross-Border Privacy Rules (CBPR) System, a voluntary mechanism whose participants seek to increase the number of economies, companies, and accountability agents that participate in the CBPR System.
We will collaborate to unleash the potential of the digital economy and strongly support an accessible, open, interoperable, reliable and secure ICT environment as an essential foundation for economic growth and prosperity. We will continue to promote policy and regulatory environment to ensure ICT security, data and privacy protection by developing interoperable and flexible frameworks. We also affirm that economies should not conduct or support ICT-enabled theft of intellectual property or other confidential business information, with the intent of providing competitive advantages to companies and commercial sectors. We also affirm the importance of promoting competition, entrepreneurship, and innovation through effective and comprehensive measures, including balanced intellectual property (IP) systems and capacity-building.
We recognize that micro, small and medium-sized enterprises (MSMEs) are an essential component for economies to achieve quality growth and prosperity. As sources of innovation and employment, MSMEs are also well placed to promote entrepreneurship, to benefit from structural reform and to advance sustainability in our economies, maximizing the impact of policies, strategies and best practices. Strengthening of MSMEs will imply concrete progress in increasing their innovation capacities and competitiveness, including intellectual property rights commercialization, work towards guaranteeing access to financial means and capacity building, enhancing their participation in the internet and digital economy and through electronic commerce, reducing the technological gap, strengthening ethical business practices to support MSMEs’ growth and cross border trade, progressively inducing a shift into a more sustainable, eco-friendly and green production, and supporting their internationalization including through the means of ICT.
We welcome the Supporting Industry Initiative and look forward to its implementation in 2017. We recognize the potential of greening MSMEs for sustainable development in APEC and encourage officials to carry out additional work on this topic next year.
We resolve to advance Global Value Chains (GVCs) development, Supply Chain Connectivity, and Supply Chain Resiliency. We commend the solid progress towards the completion of the APEC Trade in Value-Added (TiVA) Database by 2018. We welcome the Report on APEC Developing Economies’ Better Participation in GVCs and encourage further efforts to enable better participation, greater value added and upward mobility of developing economies and MSMEs in GVCs. We recognize the value of using new technologies to achieve greater efficiencies, resilience and cooperation in supply chain connectivity and encourage efforts to explore current and future initiatives toward this end as identified by Ministers.
We also endorse Phase Two of the Supply Chain Framework Action Plan (SCFAP) 2017-2020 and welcome the implementation of the plan next year to continue efforts to enhance trade facilitation and supply chain connectivity in the APEC region.
We recognize that energy access and energy security are critical to the shared prosperity and future of the region. We also underline the importance of stable and transparent world energy markets. We reaffirm our readiness to further energy cooperation, including areas such as renewable energy sectors and energy efficiency to create necessary conditions for trade, investment and economic growth, ensuring that all the economies of the region have access to energy.
We reaffirm our aspirational goals to reduce aggregate energy intensity by 45 percent by 2035 and double renewable energy in the regional energy mix by 2030. We reaffirm our commitment to rationalize and phase out inefficient fossil fuel subsidies, welcome ongoing peer review and capacity building activities, and encourage further efforts to facilitate subsidy reform.
Towards real and functional connectivity in the region
We recognize that strengthened connectivity will contribute to opening up new sources of economic growth, fostering inclusive and interconnected development, advancing regional economic integration and bringing APEC economies closer as a community. In this regard, we note with appreciation that significant work has already been done by various APEC fora and working groups in advancing connectivity in the region, including providing support for enhancing sub-regional connectivity. However, challenges still remain.
We reaffirm, therefore, our commitment to the overarching goal of a seamlessly and comprehensively connected and integrated Asia-Pacific by 2025, express our appreciation for the efforts and accomplishments of APEC members in implementing the APEC Connectivity Blueprint 2015-2025, and encourage the use of policy dialogues noted in the Blueprint to exchange best practices and information on relevant topics.
We reiterate the importance of people-to-people connectivity and remain committed to its improvement through, inter alia, further development of tourism, cultural exchange, mobility of business people, cross-border education and travel facilitation.
We affirm our commitment to promote investment with a focus on infrastructure in terms of both quantity and quality. We reiterate the importance of quality infrastructure for sustainable economic growth. Recognizing the important elements to realize quality infrastructure identified in APEC Connectivity Blueprint 2015-2025 and its subsequent works, we are committed to translate this concept into actions including in ICT, energy and transport.
We welcome progress and look forward to continue exploring infrastructure financing including through mobilizing private sector resources and public-private partnerships (PPP). We encourage further work to pursue the quality improvement of investment opportunities. We are committed to enhancing the synergy and cooperation among various infrastructure connectivity programs in the region, and welcome the Collaboration Action Plan between APEC Member Economies and the Global Infrastructure Hub. We recognize the lack of effective solid waste management infrastructure imposes great socio-economic and environmental costs, and we encourage further work on this topic.
We welcome economies’ initiatives to achieve comprehensive regional connectivity, which are being jointly built through consultation to meet the interests of all. We encourage further implementation of these initiatives with a view to promoting policy coordination, facilities connectivity, unimpeded trade, financial integration, and people-to-people bonds in the region, and encourage further collaboration among these initiatives in order to promote regional economic integration and the common development of the Asia-Pacific region.
Food security, climate change and access to water
We recognize that APEC can contribute to address challenges to food security while preserving natural resources by taking steps to further promote sustainable agriculture, food, forest management, fisheries and aquaculture, enhance food markets, integrate food producers into domestic and global food supply and value chains, reduce food loss and waste, address chokepoints arising from infrastructure gaps, and burdensome and unnecessarily restrictive trade measures, as stated in the Piura Declaration on APEC Food Security, and reinforce capacity building including by facilitating innovation such as utilizing ICT and relevant technologies. We encourage efforts to promote agricultural sustainable development in the APEC Region.
We look forward to seeing this work progress in a manner that complements sustainable economic development and international trade in the APEC region. APEC work to increase economic integration will contribute to increased safe food availability through international trade with science-based regulations and WTO-recognized international food-related standards.
Climate change is one of the major challenges for food production and food security. We commit to enhance our cooperation on implementing policies to address the relationship between food security and climate change in ways that respect varying conditions in each economy and welcome the APEC Program on Food Security and Climate Change. We also commit to intensify our efforts to mitigate impacts of drought, flood and climate-related disasters on food production and food security.
We recognize that water is a key driver of agricultural development and a basic element for socio-economic development across the APEC region. Thus we encourage economies to share best practices in water management to ensure water availability and increase water use efficiency, considering multi-sectoral and multi-level perspectives. We will foster APEC cooperation for the sustainable use and integrated management of water resources.
Acknowledging the importance of socio-economic factors underlying food security in rural-urban communities and vulnerable groups, we aim to work towards a comprehensive approach towards rural-urban development. We recognize the important implications of urbanization and diet diversification in the APEC region and support APEC efforts to explore new integrated approaches building upon the experiences and best practices shared among APEC economies to promoting food security and economic growth that mutually benefit urban and rural areas, including the newly developed Strategic Framework on Rural-Urban Development to Strengthen Food Security and Quality Growth in APEC. We also note the direct relevance of a number of the Sustainable Development Goals (SDGs) for food security and poverty eradication. In supporting the Sustainable Development Goals we remain committed to increasing our efforts to combat illicit wildlife trafficking.
Looking forward
To achieve sustainable growth in the Asia-Pacific region we must continue working with a renewed sense of urgency and through Asia-Pacific partnership featuring mutual respect and trust, inclusiveness and win-win cooperation in implementing our commitments and achieving our goals.
We call for effective economic, financial and social inclusion of women, elderly, youth and rural communities as well as disadvantaged or vulnerable groups such as Indigenous peoples and persons with disabilities.
We strongly condemn terrorism in all its forms and manifestations. We recognize the serious threat that terrorism poses to our fundamental values that underpin our free and open economies. We encourage economies to continue to take actions and share best practices in the four cross-cutting areas of APEC’s Consolidated Counter Terrorism and Secure Trade Strategy.
We welcome the Lima ACT Statement on Fighting Corruption and encourage all economies to implement critical anti-corruption actions, with a specific focus on bribery of domestic and foreign public officials, and with the effective participation of all relevant stakeholders, including through the APEC Anti-Corruption Authorities and Law Enforcement Agencies (ACT-NET).
We endorse the 2016 APEC Joint Ministerial Statement and commend the work of our Ministers and officials as reflected in the results of the Sectoral Ministerial Meetings, High-Level Policy Dialogues, the Finance Ministers’ Process, the Committees and Working Groups of the Senior Officials Meeting, and all related mechanisms. We instruct our Ministers and officials to continue their work, including implementation of the recommendations, work programs, initiatives and action plans of the resulting documents from the 2016 Sectoral Ministerial Meetings and High-Level Policy Dialogues, bearing in mind the vision contained in this Declaration, as well as our previous meetings.
We welcome the contributions of the APEC Business Advisory Council (ABAC) to our work as well as from the Pacific Economic Cooperation Council (PECC), international and regional organizations, the private sector, local government executives, and academia and other relevant stakeholders.
Recognizing that continuity of our agenda is key to APEC's relevance, we thank Peru for its leadership this year as it has built on the vision and work of the previous APEC hosts.
We look forward to meeting again in Viet Nam in 2017.

Source: http://www.apec.org/Meeting-Papers/Leaders-Declarations/2016/2016_aelm.aspx

Annex A: Lima Declaration on FTAAP
Lima, Peru 20 Nov 2016
Recommendations
1. Goals and Principles
We reaffirm our commitment to advance the process in a comprehensive and systematic manner towards the eventual realization of the FTAAP as a major instrument to further APEC’s regional economic integration agenda;
We reaffirm that APEC’s core objective will be to attain the Bogor Goals by 2020, and that efforts in support of the realization of the FTAAP will serve as a driving force to further advance regional economic integration;
We reaffirm that the FTAAP will be realized outside of APEC, parallel with the APEC process;
We reaffirm that the eventual FTAAP should do more than achieve liberalization in its narrow sense; it should be high quality and comprehensive, and incorporate and address ‘next generation’ trade and investment issues;
We recognize that APEC has a critical role to play in shaping and nurturing regional economic integration, upholding the principles of openness, inclusiveness and cooperation under a win-win spirit, promoting profound economic restructuring, deepening and strengthening regional economic integration, and give greater impetus to the sustainable development of the Asia-Pacific. In this sense, APEC encourages unilateral economic reforms and the conclusion of comprehensive and high quality RTAs/FTAs.
2. Completing and Enhancing the Possible Pathways
We recognize that regional and bilateral trade agreements (RTAs/FTAs) have enhanced regional economic integration, while at the same time APEC members’ different stages of development, and RTAs/FTAs with various levels of liberalization and coverage may pose challenges to achieving full regional integration. Thus, we reaffirm our commitment that the FTAAP should be built upon ongoing regional undertakings, and through possible pathways including the Trans-Pacific Partnership (TPP) and Regional Comprehensive Economic Partnership (RCEP). We welcome other regional integration undertakings to make meaningful contributions to the eventual realization of the FTAAP;
We encourage that all regional undertakings, including TPP and RCEP, remain open, transparent and inclusive and draw on each other so as to jointly contribute to the trade and investment liberalization and facilitation in the region and the eventual realization of the FTAAP;
We also reaffirm our vision contained in the Pathways to FTAAP. In this connection, we note recent developments on RTAs/FTAs in the region and the progress of the possible pathways to the FTAAP, including efforts by TPP signatories to complete their domestic processes and efforts by RCEP parties to accelerate towards the completion of the negotiations to achieve a modern, comprehensive, high-quality and mutually beneficial agreement.
We encourage the progress of the FTAAP pathways and progress of implementation of the initiatives identified in this document to be reported to the CTI as appropriate including under the Information Sharing Mechanism. Further, this report may be included in the CTI/SOM Report to Ministers and/or AELM.
To maintain momentum and focus work towards an eventual FTAAP, APEC economies will examine, by no later than 2020, the contribution of current Pathways to the realization of the FTAAP. The examination will identify specific areas of work that could be done to further promote the regional free and open trade and investment and that would support advancement toward an eventual FTAAP. In addition, this examination, and the work programs noted below, will help APEC determine what areas remain the most challenging in meeting regional economic integration goals and an eventual FTAAP. Following the examination, all APEC economies may engage in a collective discussion on what role APEC can play toward addressing these challenges in a manner that is inclusive, balanced, and beneficial to all economies and consider next steps APEC can take towards the eventual realization of an FTAAP.
3. Continuing APEC’s Role as an Incubator and Strengthening Existing APEC Initiatives that support FTAAP Objectives
We commit that APEC should continue to be an important contributor to advancing towards the eventual realization of an FTAAP. APEC plays a key role as an incubator of issues related to the FTAAP by providing leadership, intellectual inputs and capacity building including but not limited to the APEC Information Sharing Mechanism on RTAs/FTAs; the Action Plan Framework of the 2nd Capacity Building Needs Initiative (CBNI); and advancing sectoral initiatives, and promoting Policy Coordination/Coherence, and conducting Industry/Sector Dialogue, etc., so as to facilitate the eventual realization of the FTAAP.
We agree that APEC should continue to identify and address next generation trade and investment issues and advance new initiatives in areas identified by APEC economies as critical for achieving an eventual FTAAP. Therefore, we encourage officials, through the Committee on Trade and Investment and its sub-fora to advance potential areas of work arising from this Study by consensus, including in areas already under consideration as either identified or potential next generation trade and investment issues;
We agree that APEC should advance Structural Reform with a view toward improving the business environment. In line with the Ease of Doing Business Action Plan, APEC should continue to identify ways to improve the regulatory climate for starting a business, obtaining permits, accessing credit, trading across borders, and enforcing contracts, among others;
We agree that APEC should increase efforts to improve trade facilitation. APEC has been a leader in developing capacity building programs designed to help economies implement obligations under the WTO Trade Facilitation Agreement (TFA). APEC should continue to advance capacity building projects in this area.
4. New Initiatives to Advance Regional Economic Integration
The Collective Strategic Study identified a number of remaining challenges, gaps and areas of divergence among APEC economies, including in RTAs/FTAs. The discussion started in the Study should continue, including on potential elements to be addressed in the FTAAP and additional work in support of the eventual realization of the FTAAP. APEC´s work should focus on bridging these gaps in order to ensure APEC economies are continuing along a pathway towards productive regional economic integration.
APEC will focus work to address areas of divergence and convergence in RTA/FTA practice, including on the possible pathways for the FTAAP, and in the areas identified in the Collective Strategic Study, while also implementing capacity building programs to increase understanding of these agreements and members' capacity to participate in high quality, comprehensive and ambitious free trade agreements.
As the next step in advancing the Beijing Roadmap, we instruct officials to undertake a stock take as to how next generation trade and investment issues are dealt with in existing FTAs/RTAs in the APEC region and other regions and in the WTO;
We further instruct officials to use the stock take to develop dedicated initiatives, including through capacity building, to close the gaps between different treatment of these issues by economies as revealed by the stock take. Initiatives should be developed within the relevant APEC fora and included in each forum’s work plan on an annual basis from 2018 onwards;
We instruct Officials to continue to work on measures affecting trade and investment as identified in the Study that support the achievement of the Bogor Goals, and to advance the vision for the eventual realization of the FTAAP. To achieve these goals, APEC could embark on work programs to build consensus and capacity for economies in the following areas including, but not limited to:
On tariffs, the work program should focus on lowering remaining tariffs and examining market access commitments under the identified pathways to find areas of convergence and divergence.
On NTMs, the work program could prioritize collaboration with ABAC, based on their recommendations to Leaders in 2015, to identify and address NTMs affecting trade and aid economies’ understanding of NTMs and their potential impacts.
On services, the work program should support the implementation of the APEC Services Competitiveness Roadmap as a way to spur economic growth and improve services competitiveness in individual APEC economies and the APEC region.
On investment, the focus should be to help economies clearly identify the areas of convergence in investment practice and exchange experiences on the negotiation and implementation of IIAs.
On Rules of Origin (ROO), the work program should address best practices in customs origin procedures to facilitate economies’ progress towards existing APEC goals on the simplification of ROO.
To support a balanced and inclusive discussion on these issues, we instruct officials to focus on addressing the recommendations in this document through the Committee on Trade and Investment and its sub-fora, and encourage participation of the private sector and other stakeholders in these discussions including through Trade Policy Dialogues.
5. Strengthening Consultation with Stakeholders
APEC should increase engagement with stakeholders in the region, including ABAC and PECC, in its efforts to support the realization of the FTAAP.
6. Reporting on Progress
We instruct officials to undertake work on the recommendations through the Committee on Trade and Investment and to report back to Leaders on progress towards the realization of the FTAAP, particularly with regard to the new initiatives identified in this document. The reporting should be done separately but in parallel with the Bogor Goals reporting milestones which occur in 2018 and 2020.
Source: http://www.apec.org/Meeting-Papers/Leaders-Declarations/2016/2016_aelm/2016_Annex%20A.aspx

Annex B: APEC Services Competitiveness Roadmap (2016-2025)
In 2015, we, the Leaders of APEC, called for the development of a strategic and long-term Services Competitiveness Roadmap with actions and mutually agreed targets to be achieved by 2025. We now endorse this APEC Services Competiveness Roadmap (2016 – 2025), and instruct Senior Officials to undertake the commitments outlined here and in greater detail in the accompanying Implementation Plan.
We recognise the important role that services will play in the growth of our region over the coming decade. New technologies are increasing our ability to trade in services while creating platforms that allow many service providers, such as women and small businesses, to participate in this trade. Services are also a growing and dynamic component of global value chains. Together these developments have the potential to significantly increase productivity levels within our economies.
We also recognise that we need to address barriers that inhibit our businesses from competing or trading in services markets and undertake concrete actions that will facilitate services trade and investment and enhance the competitiveness of the services sector. We will seek to ensure that regulations promote fair competition and the adoption of new technologies.
Targets
To increase APEC competitiveness in the services sector by 2025 we set the following targets:
• Ensuring an open and predictable environment for access to services markets by progressively reducing restrictions to services trade and investment;
• Increasing the share (%) of services exports from APEC economies in the total world services exports so that it exceeds the current share in world services exports by 2025[1];
• Increasing trade in services in the APEC region so that, by 2025, the compound average annual growth rate exceeds the historic average of 6.8 per cent[2] and the share (%) of value-added of the services sector in the total GDP of the APEC region exceeds the global average level by 2025.
Meeting these targets will require APEC to develop some of the most dynamic and efficient services markets in the world. APEC-wide action, including enhanced levels of cohesion within APEC and collaboration between APEC members, is crucial. We also commit to improving services-related statistics to help measure progress and inform decision-making, including establishing an APEC index on the services regulatory environment by 2020.
We recognise the differences in economic and social circumstances across APEC economies and are determined to cooperate in advancing economy-specific actions, through policy dialogue and capacity building for developing economies.
Enabling Factors
Developing and sustaining competitive services sectors requires a range of enabling factors. We commit to putting in place the best possible enabling environment for services competitiveness both at an APEC-wide and individual economy basis, including by undertaking capacity building activities, as needed. These steps will include:
• promoting good regulatory practices, international regulatory cooperation and sound competition policy frameworks and institutions;
• ensuring openness of services markets by extending APEC’s overall standstill commitment and rolling back protectionist and trade distorting measures on trade in services;
• ensuring an adequate supply of skills in a rapidly changing economy, helping workers adjust to change and providing for increased participation in the workforce by such groups as women, youth, Micro Small and Medium Enterprises (MSMEs) and indigenous businesses;
• fostering dynamic, competitive and effective telecommunications, innovation and information and communication technologies (ICT) policies;
• facilitating effective financial markets, including through the use of new technologies to promote greater inclusion in financial markets; and
• improving people-to-people, physical and institutional connectivity.
APEC-wide Action
Pursuing these enabling factors through APEC-wide action can help achieve the targets and spur the trade and investment necessary to improve the competitiveness of the services sector across APEC economies. APEC, as the premier regional economic cooperation forum, is well-placed to drive this action, in many cases building on existing or planned work in services.
We endorse the following APEC-wide actions:
• Enhancing global value chains, including increased participation of MSMEs and women, under the agreed Strategic Blueprint for Promoting Global Value Chains Development and Cooperation.
• Supporting cross-border mobility for professionals, building on initiatives such as the APEC Architects and Engineers Registers to facilitate mutual recognition arrangements.
• Enhancing flexibility for business visitors, building on initiatives such as the APEC Business Travel Card.
• Implementation of the Renewed APEC Agenda on Structural Reform, including progressing the 2016 APEC Economic Policy Report on Structural Reform and Services.
• Supporting liberalization, facilitation and cooperation of environmental services, under the agreed Environmental Services Action Plan.
• Progressive liberalization and facilitation of manufacturing-related services, under the agreed Manufacturing Related Services Action Plan.
• Supporting cooperation in the education sector including promoting internship schemes, overseas student exchange programs, and collaborative policy studies, as well as, in accordance with domestic education systems, information sharing pertinent to economies’ education standards, qualifications and credit systems and measures to explore mutual recognition (learning from measures such as the ASEAN Qualifications Reference Framework).
• Collaboration in responding to the rapid developments in internet-based technology to promote a regulatory approach that provides appropriate prudential oversight, legitimate consumer and security protections while enabling the flow of trade-related data in the context of an increasingly digitalized world.
• Supporting cross-border provision of certain financial services, including through financial inclusion initiatives and engagement by interested economies in the Asia Region Funds Passport initiative.
• Supporting APEC’s work on developing air, maritime and land transportation, as well as ICT infrastructure, in line with the APEC Connectivity Blueprint 2015-2025.
• Supporting APEC’s work on developing the travel and tourism sector for sustainable and inclusive growth, building on the work of the APEC Tourism Strategic Plan.
• Developing a set of good practice principles on domestic regulations in the services sector.
• Development of services-related statistics to measure and support implementation of the Roadmap and improve tracking of services trade and investment more broadly.
In addition we note potential further APEC-wide actions that will be subject to further work:
• Progressive facilitation of services to improve the regional food system to ensure access to safe, high quality food supplies across the Asia-Pacific.[3]
Individual Economy Action
Meeting the targets and enabling factors set out in this Roadmap will require significant unilateral action on the part of individual economies to implement structural reform in individual services sectors, as well as across the economy as a whole. Given the importance of unilateral reform, we encourage economies to implement unilateral reforms aimed at further improving the services sector, as part of their structural reform action plans under the Renewed APEC Agenda for Structural Reform (RAASR). This commitment will take into account the circumstances of individual economies such as level of development, readiness and appropriate timing. Such measures should seek to have a high positive impact, both within individual economies and across APEC as a whole.
To support the process of unilateral reform, we agree that APEC will facilitate a process of peer learning and capacity building. The process will provide APEC economies with the tools and information necessary to undertake unilateral reforms on a voluntary basis.
Implementation
We agree that this Roadmap and associated Implementation Plan should be seen as living documents. Additional APEC-wide actions can be agreed at any time in order to achieve its objectives.
APEC will manage a program of capacity building for interested developing economies that request support with implementation of the Roadmap at both the APEC-wide and individual economy level. Funding for capacity building can be sought from relevant existing APEC funds (including the RAASR Sub-fund). Additional funding from economies for capacity building will be welcomed.
APEC will also facilitate a process of peer learning. Economies interested in implementing reforms will be encouraged to seek peer support from other economies with relevant experience and their best practices.
APEC will facilitate improved measurement of trade and investment in services both to support implementation of the Roadmap and to improve the collective understanding of key issues. A particular priority will be the development of an APEC index to measure the services regulatory environment in APEC economies, taking into account the indices already developed by other fora such as the OECD and World Bank.
Senior Officials will have overall responsibility for monitoring and evaluating progress under the Roadmap. Senior Officials will report periodically to Ministers on progress, and seek further guidance, as appropriate, from Ministers to move forward on additional actions during implementation of the Roadmap. We commend the key role that business organizations have played in the development of the Roadmap, particularly the APEC Business Advisory Council, Pacific Economic Cooperation Council and the Asia-Pacific Services Coalition. We encourage further collaboration with organizations engaged in implementation and monitoring progress of the Roadmap.
We agree to a mid-term review in 2021 with a view to assessing what individual and APEC-wide actions will be required to complete the objectives by 2025.
[1] In 2014, APEC’s share of total world services exports was 38.38 per cent.
[2] WTO Statistics Database
[3] subject to further consideration by the CTI and the APEC Policy Partnership on Food Security
Source: http://www.apec.org/Meeting-Papers/Leaders-Declarations/2016/2016_aelm/2016_Annex%20B.aspx

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